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Uniti. A Really Cool Electric Car that is Equity Crowdfunding Now

Uniti is an interesting product with an interesting history. Based in Sweden, Uniti is an electric vehicle concept that was originally crowdfunded on FundedByMe about a year ago raising €1.2 million at a valuation of €9.8 million. Uniti is returning to crowdfunding again but this time the company has launched a self-crowdfunding campaign skipping over the use of a crowdfunding platform.

According to the Uniti web site, the offer now stands at 805,901 shares sold, raising SEK 11,685,579 (approximately USD $ 1.44 million). 680 investors from 37 different countries have participated in this crowdfunding round and, according to the web site, the final round that will be open to the general public. The next round, expected to take place in Q1 of 2018, will be led by institutional money.